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2901  Economy / Trading Discussion / Re: Investing and Trading Strategies. on: February 13, 2021, 10:29:43 PM
Well, for sure that these 5 coins have the potential to make a profit and I choose those had a lower level of having profit and sell them all, --but it depends upon on you, how much your target or goal of having profit. Let say, if you reached your goal, that is a good time to take your profit of, there is no need to be greedy. The rest of the coin especially in bitcoin and ethereum that has good potential, I will keep them all for the long term or cut my profit if was there and hold the remaining amount as a capital. However, investing and trading are far different but I had like to invest and hold because that is a safe strategy.
He must have to choose the best and potential coins otherwise, he never reaches his goal. He is aiming for X10 returns, that was not so easy unless if he just holds them for many years just like it happens to Bitcoin but I'm not sure if it works to altcoins. Maybe if he says only X5, that is something potentially to achieve.

Anyways, the risk must be taken. We can't achieve our goal if we never try it. If not it work in these coins or this strategy, well, diversification may have to apply.
2902  Economy / Speculation / Re: different price movement this time on: February 13, 2021, 02:50:28 PM
hello guys we all know BTC price reached peaks an year after each halvening followed by 80-90% major price correction and so on after each cycle. i thought to myself it may be different this time since everyone expect this to happen again. since adoption is growing and more money are involved maybe this time price will just climb slowly up in the next years with some minor 10-20% corrections now and then until it reaches high 6-digit amounts (plateau) after some years. if this happens we have no choice but to hold for longer period otherwise we will not be able to buy back. can you share your thoughts on this?
No, for some reason that we are wrong thinking about history repeats itself, that was not what I saw now, and obviously, the market changing this time. And this time, I'm not thinking about the halving effect, it is obsolete for me. What makes this huge inflation is due to new sets of investors are in the market now. These institutional investors making a huge change that we can't imagine.

But, we can't be confident as well that huge correction is never to happen. Not exactly, yet to be possible and it might come someday but I don't think it was of the same trend that we are experiencing that last bear season. This is certainly different as the trend also changing.
2903  Alternate cryptocurrencies / Altcoin Discussion / Re: Amazon is setting up to launch their own digital currency on: February 13, 2021, 02:31:54 PM
Amazon is now the latest company to be jumping to the cryptocurrency world by creating their own currency so it can be used as payment system in their marketplace.
It's yet to be concluded if amazon is already developing their new currency or they are just in a study face as things is still in secret.

Source https://www.techradar.com/uk/news/amazon-set-to-launch-its-own-bitcoin-rival
This is somewhat a trial and error and I hope they were right with their decision. But if I was in the company, I certainly not agree with this, there is a huge risk with this. And if we could remember, many projects having difficulties doing this, and some (many) had failed already. I'm afraid this plan will turn like that and only gives them losses.

But I believe it was run through many test and market exposures and if that resulted in positive, then we can say the success is really at its near.
2904  Economy / Economics / Re: Nigerian Banks To Close Accounts Involved with Crypto on: February 13, 2021, 11:29:47 AM
But, now the Nigeria will no longer get the taxes and many people will lose jobs there which means increase in the rate unemployment. And a lot of traders will now go for P2P exchanges, like Binance P2P which means the government is getting nothing. This is totally stupidity.

I'm sure they have an answer to this that will make you think they did the right decision.

The government is making this decision because they have basis that they think crypto is a threat to their country, probably because they are not yet ready adopting it as their regulation is still weak. When crypto is allowed, there's also a risk on it if it's not properly monitor, government does not only focus on taxes, they also focus on safety of their people or the government.
2905  Economy / Gambling discussion / Re: 2021 NBA Season on: February 13, 2021, 11:13:20 AM
Curry needs to proved to Ray Allen that he was wrong.

Allen statement doesn't seem to make Curry happy. Grin
“Stephen Curry is not the greatest shooter ever”: Ray Allen snubs Warriors star as ‘GOAT’ 3 point shooter, reveals his controversial pick

And not only on Allen but for everyone who still have doubts as he will surely get into the number 1.
To be honest, Curry doesn't have to prove squat to Ray Allen or anyone else for that matter, his numbers speak for him. Reggie Miller is one of the greatest shooters of all time, no questions about that, but Steph is on a different level, based on any metric available. Just the fact that it took him half the games Reggie needed to catch him on all time list while having higher percentage ( 4% higher) is enough to end that conversation.

Allen doesn't like the fact that he will be overpassed as the leader on the list of 3 points made very soon, most likely the next season if Steph remains healthy so now he is just talking bs.


Agree with you, Allen needs to stop talking because Curry is on a different level than him.

Curry invented the 3 point shooting as a weapon to beat a team, and even now we are seeing most of the teams are focusing on the 3 point shooting, even the big man, because it's a proven strategy and that's the recipe for the success of the GSW.

This is so close man, Curry could end up in the number 1 spot by next season if he will fall short this season.

https://www.basketball-reference.com/leaders/fg3_career.html

2906  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: February 13, 2021, 10:24:00 AM


Coach Pido has been a long time coach of the NorthPort, I think the management is happy with the way he handles the team. I'm not sure if they are aiming for a championship but there line up is not enough to compete well against the TNT, and SMB teams. We will see what they can do this season, I'm excited for the coming season, when was that again? was it April?

The management seems not doing their part if they are really aiming to win a title they should add more quality players and not to trade them up with another team and receive new or old one that they've needed to blend again with the entire squad. Remember how they've handle Romeo a good asset who lead the team to a playoff, after losing to Alaska the team that supposed to have a competitive team becomes more worse.

To the point that Romeo and Coach Pido got aggressive and shows the difference in the middle of the game, Romeo wanted to win as he's asking the coach to let him play while coach Pido see the other side and wanted to rest him. and rest his history.

After that incident, Romeo got traded to TNT and then went to SMB and win a title plus Finals MVP. Though Pringle story is different as he went out cleanly without issue but if the team offer him a better deal then adds up players who can help him building a new competitive team but instead the management choose to let him go and see where he is now.

That was a blessing in disguirse for Romeo because if it did not happen, Romeo would not achieve a championship in his career and an Finals MVP award. Sometimes we see like that because a certain player wants to win badly and thought that the coach decision was wrong, but it was a healthy on but things have to happen.

When Romeo leave the North Port, they are not doing well anymore and then Pringle exit next, and both have won a championship already.
2907  Alternate cryptocurrencies / Altcoin Discussion / Re: Gold or Bitcoin on: February 12, 2021, 10:41:38 PM
Gold is more stable, it is the biggest in marketcap now but bitcoin is climbing which soon will be next to bitcoin as bitcoin will beat the richest private companies in the list in the long run.

Bitcoin is owned by people, so definitely it's easy for it to rise and investing in bitcoin is easy since one can hide due to its anonymity and you can bring it anywhere you will go with attaching it into your name, in short, it's not a typical type of investment but it's so valuable.

For us to minimize the risk, maybe we can diversify our investment, 50/50 for gold and bitcoin.
2908  Economy / Gambling discussion / Re: 2021 NBA Season on: February 12, 2021, 10:13:06 PM
I'm in guys, I have already voted for Alex Caruso. I agree with all the good words that you've said about him. He should be included in the upcoming all-star game.
He's underrated but his contribution even on the last season made the Lakers become the champ is noticeable.

He is not a type of player that can score big time in a game, his contribution is more on "when the team needs to some offense and defense"

If you look at this stats this season and even in the past, his PPG is not that impressive.

https://www.basketball-reference.com/players/c/carusal01.html

5.5 PTS
2.1 ASTS
2.4 TRB
2909  Economy / Trading Discussion / Re: Should I sell or hold on my bitcoin? on: February 12, 2021, 01:13:58 PM
At the present time I want to tell you that you can hold as many bitcoins as you want because Bitcoin is one of the world's most popular currencies and Bitcoin I think everyone is using it now I think the price of Bitcoin is much higher now.  I think we need to wait in a very short time to be able to grow
That will be depending on your preference. Some did the long-term holding while the others are relying on the market trend in which they can sell anytime if they want. I do the sell anytime as well if I already hit my target.

I was learning from my bad experience last 2017 Bullrun, I was really in regrets not selling when it reaches almost $20k. I was still on hold because of some influence and overly thinking that it has gone too far, but unfortunately, the sudden drops give me a reason to sell at the declining trend. For this 2nd chance, I respect every up the market did and take the opportunity as well.
2910  Economy / Trading Discussion / Re: what do i need to be a successful trader ? on: February 12, 2021, 12:49:11 PM
i learned about
Japanese candles
classic analysis
EW theory
harmonic analysis

and about the Indications, i learned how to use  
RSI
MACD
stoch rsi
and volume profile

should I add anything to this?


You already have the tools to have a good trading output. What you are going to do now is to engage more in trading(experience), you need to know yourself if these tools are really effective or there is a need to remove some. Actually, I'm not using all these things as I was considering most on the candlestick, volume, and most of all, I rely on my instinct.

And also, you don't need to worry about committing mistakes coz this will help you a lot to improve and develop the part in which you are less effective.
2911  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum now looks like a complete joke on: February 11, 2021, 11:30:59 PM
Before you say ERC 20 tokens are a joke, you should understand the reason why the huge pump happened in ERC 20 tokens back in 2017.
People initially believed that they missed out on the bitcoin price rally and they searched for the next best thing, and the crypto space wasn't saturated with shitcoins then, so it was a lot easier for cojns & tokens of average projects to pump hard..

We can't expect that these shitcoins will follow ETH as they are already in the dead for a long time. I may think that OP is making a joke as well, he might be holding those Sh...ns, he can't sell it as their value is smaller than the fees he pays for. Of course, I will never sell it.

Not sure but most altcoins holders now are wanting to sell their coins but it is the fees stopping them (I'm one of them, actually).
They just going to have some joke to ease their feeling and disappointments. It will be fine soon when the market slows down a little bit.
2912  Bitcoin / Bitcoin Discussion / Re: 12 years and no country has approved Bitcoin ?? on: February 11, 2021, 10:00:47 AM
Very sad to say that bitcoin trading is not legal in many countries. looking no chance due to its decentralized system. No Government will accept it because Government want full control over money which not found in btc.

in some countries maybe illegal but OP was wrong to say that no country has approved bitcoin when we have a lot of countries who are already accepting bitcoin and regulating it, Philippines is one of the countries that are bitcoin friendly, and I can attest to that as I'm living in this country. 
2913  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a new investment on: February 11, 2021, 09:22:04 AM
Agree with that.

Because of this pandemic, i think most of us looking for new investment to improve their economy and bitcoin is the best solution for me.

But in my opinion bitcoin is still very risky investment, with one news the price can be drop or UP very drastic, it totally diferrent with another investment like stock.


I think most of us are looking for a job, lol.

most of the investors or capitalist are looking for an alternative investment to diversify the risk and it so happen bitcoin is here and has made a bull run last year so it has become an attractive alternative as an investment.

Most of us will struggle as the economy struggle, hence, that would not give us an opportunity to invest as we need to earn first before we can start investing, I hope you get my point.
2914  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end the dollar’s reign? on: February 10, 2021, 03:12:22 PM
For me it depends on the technology we embrace from physical to digital and it will evolve until the next trend and adoption of currencies. Nowadays, we are approaching to cashless so we don't yet what is next.
Fully converted to digitalization and cashless mode of payment? That is too early to think that. Fiat money will still there, only we have this cashless payment option to cut a long line and hassles but this is not enough to stop using it. Banks could be in trouble if that will happen and I don't think that they allow it nor the government will support such changes. 
2915  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon musk changed the market circles on: February 10, 2021, 02:53:56 PM
we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?

Ain't today but can be soon, we never just know when. But it was not only Elon who did this, other factors are because many companies (not connected to Elon) are buying Bitcoin now for future use. It is so-called market anticipation, institutional investors are now moving to crypto, they accumulate more, inflating the price, and they are hyping the market.

We can expect more price change as the demand keeps increasing. Bullrun still on the way to no stopping.
2916  Economy / Gambling discussion / Re: May-Pac 2, will it finally happen? on: February 10, 2021, 08:47:29 AM
I don't think we need to debate about Floyd's style, the guy is a legend already and so is Manny. What we need to discuss if the fight can still made, if not then there's no use of keeping this thread alive, might be better to lock it out and maybe re-open it if there is an update.

This fight is still a speculation, it was not confirm by both parties that a fight will happen. You know, when there are news or articles like this, people would love to talk about it and that is good so these two will know how people are dying to see them fight again.
2917  Economy / Gambling discussion / Re: 2021 NBA Season on: February 10, 2021, 07:02:17 AM
The New Orlean Pelicans shows some good defence in the early game which made them lead the score throughout the game. It is entertaining to watch the explosive Alley-oops by Williamson. He is just getting some improvement day by day by competing these guys. they are a few games away from getting to the top 8. they're winning straight games,



Great game by Pelicans they are now in the winning track and that is good to see, unfortunately their opposing team which is the Rockets are having a consecutive loses, Christian Wood is really a big loss for this team.

Quote
I hope they can at least force they way to top 8 or 7 because playoff games are different because the game is so intense as everyone is hungry to get to the NBA Finals.

It's still too early, they'll certainly get in the playoff spot if they'll continue to play with consistency.

They are at the number 10 spot now, (https://www.nba.com/standings)

It would be great to see Zion in the playoffs. I was hoping they’d make it last year but fell just short. They have a lot of talent on that team but they’re still very young. Even some of the players like Brandon Ingram that are considered their leaders don’t seem very mature. It would be scary if Lonzo’s shot kept improving and they held onto all their young guys, but I have a feeling that team will be making some moves soon to get more shooters around Zion.

Zion's injury was the reason why they fell short and he has not played a lot during the playoffs due to some protocol they need to follow IIRC. This time, if they make it to the playoffs and Zion remains healthy, I think they have a chance to upset a higher ranking team, even if it's the Lakers or the Clippers.
2918  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you feel, Looking at the Bullrun market? on: February 09, 2021, 11:24:01 PM
Never feeling sad even i have missed the bitcoin train coz i have only small amounts of bitcoin but all of my portfolios were on the major altcoins especially binance.

have bought a few hundreds BNB when it was around $10 and this time it's 11x from my initial buy price.

So many people the new bullrun will be so high like this time and i didn't even think in the past if the adoption will be very fast like this time. I never think tesla buy a lot of bitcoin too.

You did it, friend. You are making the right decision to hold, you have been paid off already. And I am so happy for you.

What is your decision now since the market is reaching high already? I thought you are selling now as I did it already when Bitcoin price reach $40,000 after buying back.
Quote
It's quite difficult for bitcoin and ethereum to go drop again.

You can't disclose that thing but we don't know when since the price keeps moving high. Yet to be possible to see a huge correction but not it looks like a crashing one changing to bearish season.

2919  Economy / Gambling discussion / Re: Do casino awards matter? on: February 09, 2021, 07:34:55 AM
It's good if they will receive an award but for me, it's not really important as I don't look at the awards of a casino when I'm gambling.

What I like is their feedback from their gamblers, and honestly, this forum has been a lot of help for gamblers since feedback here are more reliable that one site or organization evaluating which is the best site, why? because they can be bias.
2920  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: February 09, 2021, 07:18:50 AM
Hey guys! I got mine too, let's PARLAY!



I got yah...Thank you for your tips guys, I followed a bit and had this parlay win of time.

This fund was suppose to join the games and rounds competition of cloudbet but it did not confirm on time so I was not able to participate.
I have withdrawn the funds now, it's on process but the fee is really high now.. lol I have to pay 0.0005 btc for my withdrawal that's 23 usd at the current price.

Nice one mate, you should say thank you to Draymond Green, he threw the ball so Spurs will win.  Grin
How about the processing speed for your withdrawal? I heard cloudbet does not have instant withdrawals like other sites such as sportsbet and bitsler.
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